Leidos (NYSE: LDOS) director exercises 3,345 options; 1,444 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Leidos Holdings director Gregory R. Dahlberg exercised stock options and increased his direct common stock holdings. He exercised options for 3,345 shares of common stock at an exercise price of $75.02 per share. To cover the exercise price and associated fees, 1,444 shares of common stock were withheld by the issuer at $173.86 per share, a non-market tax/payment mechanism rather than an open-market sale.
After these transactions, Dahlberg directly holds 22,969 shares of Leidos common stock. No derivative positions remain from the exercised option grant, indicating a full exercise of that specific award.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,345 shares exercised/converted
Mixed
3 txns
Insider
Dahlberg Gregory R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 3,345 | $0.00 | -- |
| Exercise | Common Stock | 3,345 | $75.02 | $251K |
| Tax Withholding | Common Stock | 1,444 | $173.86 | $251K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 24,413 shares (Direct)
Footnotes (1)
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FAQ
What did Leidos (LDOS) director Gregory Dahlberg report in this Form 4?
Gregory R. Dahlberg reported exercising stock options for 3,345 Leidos shares. The company then withheld 1,444 shares to cover the exercise price and related costs, leaving him with 22,969 directly held shares of common stock.
What do the M and F transaction codes mean in this Leidos (LDOS) Form 4?
Code M indicates an exercise or conversion of a derivative security, here stock options into 3,345 common shares. Code F indicates shares withheld by the issuer, with 1,444 shares used to pay the exercise price and related obligations, not an open-market sale.